US inflation increasing: Groceries, gas and cars cost more; interest rate cuts unlikely
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
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US inflation worsened last month in sign of sticky price pressures
The figures underscore the stickiness of inflation, which created a major political problem for former President Joe Biden.
Treasury Yields, Dollar Rise on Sticky U.S. Inflation
Treasury yields and the dollar rally as U.S. January inflation comes a little hotter than forecast following hawkish remarks by Fed Chair Powell yesterday. The 12-month CPI reading accelerates to 3%, ...
US consumer prices increase more than expected in January
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no ...
Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.